tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nordic American Tankers Announces AGM Results and Strong Market Outlook

Story Highlights
Nordic American Tankers Announces AGM Results and Strong Market Outlook

TipRanks Black Friday Sale

Nordic American Tanker ( (NAT) ) has shared an announcement.

On November 21, 2025, Nordic American Tankers Limited held its Annual General Meeting of Shareholders, where all proposed resolutions were approved. The meeting saw the election of Herbjorn Hansson, Alexander Hansson, Jenny Chu, and Jim Kelly as Directors of the Board, and the appointment of KPMG as the company’s independent auditors. The company reported a strong market position and positive future prospects.

The most recent analyst rating on (NAT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Nordic American Tanker stock, see the NAT Stock Forecast page.

Spark’s Take on NAT Stock

According to Spark, TipRanks’ AI Analyst, NAT is a Neutral.

Nordic American Tanker’s overall stock score is primarily influenced by its challenging financial performance, characterized by declining revenues and cash flow issues. While technical analysis shows positive momentum, the high P/E ratio suggests potential overvaluation. The attractive dividend yield provides some balance, offering income potential to investors.

To see Spark’s full report on NAT stock, click here.

More about Nordic American Tanker

Nordic American Tankers Limited is a company operating in the shipping industry, primarily focusing on the transportation of crude oil. The company is known for its fleet of Suezmax tankers and is listed on the New York Stock Exchange under the ticker NAT.

Average Trading Volume: 2,649,371

Technical Sentiment Signal: Buy

Current Market Cap: $815.2M

See more data about NAT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1